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Use the information below for the next problem.

Projected Income Statement Sales $30,000

Variable costs 9,000

Fixed costs 20,000

EBIT 1,000

Interest expense 600

EBT 400

Taxes 140

Net Income 260

Additional Data

Estimated Sales in Units 3,000

Price per unit $10.00

Variable Cost per unit $3.00

Tax Rate 35%

Calculate the following Operating Break-even Points:

(a) Find breakeven in units

(b) Find breakeven in dollars

(d) Find the per unit Price to Break Even on Net Income. Calculate this using goal seek, assuming you have sold 2,500 units.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92164637

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